8, PENRITH WAY, EASTBOURNE, BN23 8NS - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PENRITH WAY is a large terraced house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £451,931. It was last sold for £380,000 in July 2020, which was around 54% above the average July 2020 terraced price in the Wealden local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

8 PENRITH WAY Sold Prices

Land registry data shows five sales for 8 PENRITH WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wealden local authority area for the corresponding sale date. All of the five 8 PENRITH WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 17 JUL	£380,000	£247,485	54% above HPI
2017 21 JUN	£355,000	£239,427	48% above HPI
2015 21 AUG	£312,000	£216,352	44% above HPI
2011 5 SEP	£250,000	£179,246	39% above HPI
2000 28 JUL	£145,815	£85,224	71% above HPI

8 PENRITH WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wealden local authority area over time, sourced from the HPI. The five 8 PENRITH WAY sales between July 2000 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2020 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 8 PENRITH WAY be worth now?

8 PENRITH WAY might now be worth an estimated £451,931.

This is based on house price inflation of 18.9%, between July 2020 and June 2025, for terraced houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 8 PENRITH WAY of £380,000 on 17th July 2020. For the value to have increased from £380,000 to £451,931 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 8 PENRITH WAY has moved in line with the HPI for terraced houses in the Wealden local authority area.
• The July 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENRITH WAY has not materially changed since July 2020.

How Large is 8 PENRITH WAY?

8 PENRITH WAY is 121m² according to the EPC inspection conducted in August 2011. This puts it in the largest 40% of terraced houses houses in Eastbourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Eastbourne, and where 8 PENRITH WAY lies on this distribution: 61% of terraced houses houses are smaller than 8 PENRITH WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Eastbourne.

8 PENRITH WAY: Plot and Title Map

8 PENRITH WAY sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 8 PENRITH WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 PENRITH WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 PENRITH WAY?

8 PENRITH WAY is located in EASTBOURNE, in the BN23 postcode district. The below map shows the position of No. 8 on PENRITH WAY.